The reversion of real estate to the state because of the lack of an heir or other person legally entitled to own the property is called
A) escheat.
B) attachment.
C) eminent domain.
D) estoppel.
Answer (2)
Escheat is the process by which real estate reverts to the state when there are no legal heirs to claim it. This legal doctrine ensures that unowned property is utilized rather than left abandoned. It plays a crucial role in property law by preventing ownership disputes and ensuring that property serves the public good.
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Escheat refers to the reversion of property to the state when there are no legal heirs. This process ensures that abandoned or ownerless property is utilized rather than left empty. Understanding escheat is important in property law. ;
